Eighteen former NBA players have reportedly been arrested and charged with defrauding the league’s health and welfare benefit plan.
According to Thursday’s indictment, the players submitted false and fraudulent claims to get reimbursed for medical expenses that were never sustained. The widespread scheme reportedly requested repayment of up to nearly $4 million. About $2.5 million of the false claims were actually received.
BREAKING: 18 former NBA players have been arrested and charged federally for defrauding the NBA’s Health and Welfare Benefit Plan out of approximately $4,000,000, law enforcement officials say.
Reported by @jonathan4ny
— Tom Winter (@Tom_Winter) October 7, 2021
19 people were charged in the indictment, with 18 of them